Hibiya Engineering (TSE:1982) Inventory Turnover : 0.00 (As of Sep. 2024)

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What is Hibiya Engineering Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Hibiya Engineering's Cost of Goods Sold for the three months ended in Sep. 2024 was 円0 Mil. Hibiya Engineering's Average Total Inventories for the quarter that ended in Sep. 2024 was 円1,711 Mil. Hibiya Engineering's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Hibiya Engineering Inventory Turnover Historical Data

The historical data trend for Hibiya Engineering's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hibiya Engineering Inventory Turnover Chart

Hibiya Engineering Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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86.42

75.13

72.27

69.12

52.09

Hibiya Engineering Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															10.64	8.70	9.84	13.87	-

Hibiya Engineering Inventory Turnover Calculation

Hibiya Engineering's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	68859	/ (	(1119	+	1525)	/	2 )
=	68859	/	1322
=	52.09

Hibiya Engineering's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	0	/ (	(1525	+	1896)	/	2 )
=	0	/	1710.5
=	0.00

Hibiya Engineering (TSE:1982) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Hibiya Engineering's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	1710.5	/	0	*	365 / 4
	=

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Hibiya Engineering's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	1710.5	/	0
	=

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Hibiya Engineering Inventory Turnover Related Terms

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Hibiya Engineering Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hibiya Engineering Ltd (TSE:1982) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

3-5-27 Mita, Mita Twin Building West, Minato-ku, Tokyo, JPN, 108-6312

Website

http://www.hibiya-eng.co.jp

Hibiya Engineering Ltd is a construction company. The company's operating segment includes Construction; Equipment sales; and Equipment manufacturing. It generates maximum revenue from the Construction segment. The company activities include Installation of air conditioning equipment; Installation of electrical equipment, and information and communications equipment; Installation of plumbing facilities and other sanitary facilities; Building and public works design and construction; Manufacture and sale of construction and sanitary equipment and others.

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